EIA: US crude inventories down 1.7 million bblJanuary 9, 2019-US crude oil inventories for the week ended Jan. 4, excluding the Strategic Petroleum Reserve, decreased by 1.7 million bbl from the previous week, data from the US Energy Information Administration showed. At 439.7 million bbl, US crude oil inventories… Full Story

EIA: US crude inventories virtually unchangedJanuary 2, 2019-US crude oil inventories for the week ended Dec. 21, excluding the Strategic Petroleum Reserve, remained virtually unchanged from the previous week, data from the US Energy Information Administration showed. EIA released the Weekly Petroleum Status Report 2 days later… Full Story

Carbon dioxide conversion and corrosionDecember 17, 2018-The community of scientists and engineers enamored with the conversion of CO2 to renewable synthetic fuels are for the most part, dedicated to the discovery, development, scaling, and stability of materials and reactors for facilitating these reactions, whether it be… Full Story

EIA: US crude inventories down 1.2 million bblDecember 14, 2018-US crude oil inventories, excluding the Strategic Petroleum Reserve, decreased by 1.2 million bbl for the week ended Dec. 7, according to data from the US Energy Information Administration. At 442 million bbl, US crude oil inventories are about 7%… Full Story

MARKET WATCH: NYMEX oil briefly slips below $50/bblNovember 30, 2018-The light, sweet crude oil price for January delivery briefly slipped below $50/bbl during Nov. 29 trading, but it bounced to $51.45/bbl by closing, up $1.16. The day’s low was $49.53/bbl compared with the day’s high of $52.50/bbl. OPEC and… Full Story

EIA: US crude inventories up 3.6 million bblNovember 28, 2018-US crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 3.6 million bbl for the week ended Nov. 23, according to data from the US Energy Information Administration. At 450.5 million bbl, US crude oil inventories are about 7%… Full Story

MARKET WATCH: NYMEX crude settles above $51/bblNovember 27, 2018-Oil prices moved upward Nov. 26 as the market looked to the upcoming Dec. 6 meeting of the Organization of Petroleum Exporting Countries in Vienna where it is expected that Saudi Arabia will propose production cuts of as much as… Full Story

MARKET WATCH: Crude oil benchmarks end week higherOctober 29, 2018-Crude oil benchmarks closed modestly higher on Oct. 26, approaching the end of a month in which volatility in global stock markets caused swings back and forth from steep losses to small gains. Analysts said the Dow Jones Industrial Average,… Full Story

EIA: US crude inventories increase 6.3 million bblOctober 24, 2018-US crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 6.3 million bbl for the week ended Oct. 19, according to data from the US Energy Information Administration. At 422.8 million bbl, US crude oil inventories are about 2%… Full Story

MARKET WATCH: Brent crude, WTI end week in declineOctober 22, 2018-Brent crude oil for December remained under $80/bbl on the London market Oct. 19 while light, sweet oil for November and December delivery settled over $69/bbl in New York. All were up slightly Oct. 19 as China showed signs of… Full Story

API: US petroleum demand in September slowed from AugustOctober 19, 2018-With seasonal slowing after the summer driving season, US petroleum demand was 20.1 million b/d in September, down 3.5% from August but up 2.4% compared with September 2017. This is according the latest monthly statistics report from the US American… Full Story

EIA: US crude inventories increase 6.5 million bblOctober 17, 2018-US crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 6.5 million bbl for the week ended Oct. 12, according to data from the US Energy Information Administration. At 416.4 million bbl, US crude oil inventories are about 2%… Full Story

Underdeposit corrosion in a subsea water injection pipelineOctober 11, 2018-Underdeposit corrosion is a phenomenon that leads to pipeline failures and is one of the most damaging forms of corrosion for oil and gas pipelines. It can occur in subsea water injection pipelines, well-fluid pipelines, and large-diameter transmission lines. READ… Full Story

EIA: US crude inventories increase 6 million bblOctober 11, 2018-US crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 6 million bbl for the week ended Oct. 5, according to data from the US Energy Information Administration. EIA released the Weekly Petroleum Status Report a day later than… Full Story

Trump orders EPA to waive volatility limits for E15October 10, 2018-US President Donald Trump ordered the US Environmental Protection Agency to waive volatility limits for gasoline with a 15% blend, facilitating its year-round sale in the country. Agricultural and ethanol interests applauded the Oct. 9 move, while the oil and… Full Story

Hurricane Michael prompts evacuationsOctober 9, 2018-Operators had moved workers off 10 production platforms as of midday Oct. 8 as Hurricane Michael entered the Gulf of Mexico, reported the US Bureau of Safety and Environmental Enforcement. No fixed drilling rigs had been evacuated. Five dynamically position… Full Story

EIA: US crude inventories increase 8 million bblOctober 3, 2018-US crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 8 million bbl for the week ended Sept. 28, according to data from the US Energy Information Administration. At 404 million bbl, US crude oil inventories are at the… Full Story

US drinking water supply is at risk from deteriorating pipesOctober 1, 2018-As prospects fade for bipartisan infrastructure legislation, a new report highlights the dire consequences to public health and safety that will result from continued deterioration of the nation’s underground water networks. Beset by over 300,000 water main breaks each year,… Full Story

MARKET WATCH: Brent crude price hovers around 4-year highSeptember 26, 2018-The Brent crude oil contract for November gained moderately to approach $82/bbl on the London market Sept. 25, maintaining levels not seen since November 2014. US light, sweet crude for November delivery settled above $72/bbl on the New York market… Full Story

EIA: US crude inventories increase 1.9 million bblSeptember 26, 2018-US crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 1.9 million bbl for the week ended Sept. 21, according to data from the US Energy Information Administration. At 396 million bbl, US crude oil inventories are about 2%… Full Story

API: US petroleum demand in August reached 20.8 million b/dSeptember 26, 2018-According the latest monthly statistics report from the American Petroleum Institute, US petroleum demand in August, led by motor gasoline, distillate, and refinery feedstocks, increased to 20.8 million b/d, up 250,000 b/d from July. This was the strongest demand for… Full Story

EIA: US crude inventories decrease 2.1 million bblSeptember 19, 2018-US crude oil inventories, excluding the Strategic Petroleum Reserve, decreased by 2.1 million bbl for the week ended Sept. 14, according to data from the US Energy Information Administration. At 394.1 million bbl, US crude oil inventories are about 3%… Full Story

MARKET WATCH: NYMEX crude pushes past $70/bbl markSeptember 13, 2018-Prices for both light, sweet crude and Brent crude were up Sept. 12 on renewed concerns of a consumption and production imbalance. In its September Short-Term Energy Outlook, the US Energy Information Administration forecasts Brent crude prices to average $74/bbl… Full Story

EIA: US crude inventories decrease 5.3 million bblSeptember 12, 2018-US crude oil inventories, excluding the Strategic Petroleum Reserve, decreased by 5.3 million bbl for the week ended Sept. 7, according to data from the US Energy Information Administration. At 396.2 million bbl, US crude oil inventories are about 3%… Full Story

Baker Hughes: US rig count unchanged at 1,048September 7, 2018-The US drilling rig count remained unchanged at 1,048 units working for the week ended Sept. 7, according to Baker Hughes data. The count is up 104 units from this time a year ago when it stood at 944. Offshore… Full Story